Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Omega Self-Storage located in Amityville, New York. Amityville is located in Suffolk County, on the South Shore of Long Island. The location of this facility benefits from an extremely dense surrounding population of 311,513 people within 5-miles. This 79,448 net rentable square foot facility sits on 2.9 acres of land and consists of 97 climate-controlled units & 564 Non-Climate Controlled Units. There are also 23 outdoor parking spaces available for rent along with 4 total apartments and 2 office spaces, which allows the owners to boost revenue while diversifying their income. Omega Self-Storage is fully secured with a keypad entrance, an on-site management office, and 24-hour video surveillance. While this is a cash flowing investment, it is currently 70 percent physically occupied providing upside through filling vacancy and collecting on debt. This upside is supported by the fact that there is only 5.1 SF/capita of existing storage in 3-miles indicating a high demand. Omega is located along the busy Sunrise Highway which sees nearly 52,250 vehicles per day. The surrounding residential neighborhoods, restaurants, and retail centers keep the traffic flow high. Offers for this facility are being accepted immediately.